31 Mar 2019
Assets0.05
Total Income0.00
EBITDA-0.10
Profit After Tax-0.10
NET Worth-0.10
Reserves and Surplus-0.10
Total Borrowing0.05
At a glance
Updated 2026-08-23The shares listed at ₹157.00, a 14.60% move from the issue price. Veranda Learning is a Mainboard IPO with an issue size of ₹200.00 crore, proposed for listing on BSE, NSE. The offer opens on 29th Mar 2022 and closes on 31st Mar 2022. The issue structure includes a fresh issue of ₹200.00 crore. The current listing schedule points to 11th Apr 2022.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹200.00 Cr
Fresh issue₹200.00 Cr
Face value₹10
Price band₹130.00–₹137.00
Allotment5th Apr 2022
Listing11th Apr 2022
Listing performance
Full performance ↗Issue price₹137.00
Listing price₹157.00
Current price—
Listing gain14.60%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹15.00
GMP / upper price10.95%
Est. listing₹152.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens29th Mar 2022
Closes31st Mar 2022
Allotment5th Apr 2022
Refund6th Apr 2022
Demat6th Apr 2022
Listing11th Apr 2022
Subscription demand
Full bidding ↗Total3.53×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 100 | ₹13,700 |
Company
Incorporated2018
Use of proceeds
| Object | Amount |
|---|---|
| Repayment or pre-payment, in part or full of all or certain of the borrowings | ₹60.00 Cr |
| Repayment of a bridge loan availed specifically for the purpose of discharge of acquisition consideration of Edureka | ₹25.19 Cr |
| Growth initiatives | ₹50.00 Cr |
| General corporate purpose | ₹47.73 Cr |
Financials
Full financials ↗31 Mar 2020
Assets0.00
Total Income0.00
EBITDA-0.20
Profit After Tax-0.20
NET Worth-0.29
Reserves and Surplus-0.29
Total Borrowing0.12
31 Mar 2021
Assets11.52
Total Income2.55
EBITDA-7.63
Profit After Tax-8.28
NET Worth-0.06
Reserves and Surplus-7.06
Total Borrowing6.16
30 Sep 2021
Assets307.37
Total Income15.66
EBITDA-15.05
Profit After Tax-18.27
NET Worth22.71
Reserves and Surplus-14.89
Total Borrowing165.20
Trend chart₹ crore
KPIs
| KPI |
|---|
| ROE |
| ROCE |
| Debt / Equity |
| PAT Margin |
| EBITDA Margin |
Valuation & shareholding
Pre-IPO EPS-7.29
Promoter holding pre89.22%
Promoter holding post65.87%
Market cap₹764.12 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Fees payable to BRLM and commission (including selling commission, brokerage and underwriting commission) | ₹9.00 Cr |
| Commission/processing fee for SCSBs, Sponsor Bank and Bankers to the Issue and bidding/uploading charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | ₹0.54 Cr |
| Advertising and Marketing expenses | ₹2.34 Cr |
| Fees payable to to other intermediaries including RTA, Statutory Auditors, Sponsor Banks, ICA, PCS, Advisor to the Offer, Industry Report etc. | ₹3.03 Cr |
| Listing fees, SEBI, BSE and NSE processing fees, book building software fees and other regulatory expenses; | ₹1.00 Cr |
| Printing and distribution of stationery; | ₹0.20 Cr |
| Fees payable to legal counsels; and | ₹0.51 Cr |
| Miscellaneous | ₹0.47 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- Systematix Corporate Services Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-23.